20702 El Toro, Lake Forest, California 92630, Lake Forest, 92630 - 2 bed, 2 bath
ACTIVE$499,990$916/sqft
20702 El Toro, Lake Forest, California 92630
2Beds
2Baths
916Sqft
257,265Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Extensive Recent Upgrades: The unit boasts brand-new flooring in the living room, new paint and flooring in both bedrooms (July 2024), and an updated primary bathroom vanity and flooring, ensuring a move-in ready condition for prospective buyers.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =257265, other record lot size in square feet = 8404.
Compared to the nearby listings
Price:$500.0K vs avg $597.0K ($-97,010)22%
Size:916 sqft vs avg 1,011 sqft40%
Price/sqft:$546 vs avg $59521%
More Insights
Built in 1983 (43 years old).
Condition: This condo is move-in ready with significant recent updates including brand-new flooring in the living room, new paint and flooring in both bedrooms (July 2024), and a newer vanity, updated flooring, and fresh paint in the primary bathroom. While the kitchen features dated cabinets, countertops, and appliances, and the building was constructed in 1983, the extensive cosmetic renovations throughout the rest of the unit elevate its condition to 'Good', requiring no immediate major renovations.
Year Built
1983
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
$546
HOA
$550
Days on market
-
Sold On
-
MLS number
OC26006865
Home ConditionGood
Features
Good View: Park/Greenbelt, Creek/Stream
Patio
ViewPark/Greenbelt, Creek/Stream
About this home
An Amazing opportunity to own a lower-level condo in the tranquil Pheasant Creek community of Lake Forest. This unit features 2 bedrooms and 2 full bathrooms with an open floor plan. The spacious living room has brand-new flooring, recently installed, and a separate dining area. The kitchen offers plenty of cabinet space. The primary bedroom includes an en-suite bathroom with a newer vanity, updated flooring, and fresh paint. The second bedroom was upgraded with new paint and new flooring in July 2024. A sliding glass door opens to the patio, which includes a convenient laundry closet. The home comes with one detached garage and one assigned parking space. Community amenities include two pools, a spa, picnic areas, tennis and sports courts, and nearby biking and hiking trails. HOA fees include trash and water. Conveniently located near shopping, dining, theaters, and toll roads, and situated in a low tax area.
N
Naz Mehdizadeh
Listing Agent
Nearby schools
7/10
Montevideo Elementary School
Public,•K-6•3.5mi
7/10
La Paz Intermediate School
Public,•7-8•4.5mi
8/10
Trabuco Hills High School
Public,•9-12•0.6mi
Price History
Date
Event
Price
11/22/95
Sold
$61,500
07/22/94
Sold
$76,000
02/02/94
Sold
$56,500
Condition Rating
Good
This condo is move-in ready with significant recent updates including brand-new flooring in the living room, new paint and flooring in both bedrooms (July 2024), and a newer vanity, updated flooring, and fresh paint in the primary bathroom. While the kitchen features dated cabinets, countertops, and appliances, and the building was constructed in 1983, the extensive cosmetic renovations throughout the rest of the unit elevate its condition to 'Good', requiring no immediate major renovations.
Pros & Cons
Pros
Extensive Recent Upgrades: The unit boasts brand-new flooring in the living room, new paint and flooring in both bedrooms (July 2024), and an updated primary bathroom vanity and flooring, ensuring a move-in ready condition for prospective buyers.
Rich Community Amenities: Residents benefit from access to two pools, a spa, picnic areas, tennis and sports courts, plus nearby biking and hiking trails, offering a vibrant and active lifestyle within the Pheasant Creek community.
Strategic Location & Financial Benefits: Conveniently located near shopping, dining, theaters, and toll roads, this property also benefits from being in a low tax area, enhancing both daily convenience and long-term financial appeal.
Convenient Parking & In-Unit Laundry: The property includes a detached garage and an assigned parking space, along with a private patio featuring a laundry closet, providing essential and highly desirable conveniences for condo living.
Pleasant Views & Lower-Level Appeal: Enjoyable park/greenbelt/creek views from the property, combined with the accessibility and potential for cooler interiors offered by its lower-level unit status.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =257265, other record lot size in square feet = 8404.
High Monthly HOA Dues: The $550 monthly association fee, while inclusive of trash and water, represents a significant ongoing expense that could impact the overall affordability for some buyers.
Building Age: Constructed in 1983, the property is over 40 years old. While the unit itself has seen recent updates, the age of the overall building infrastructure may lead to future maintenance concerns or potential special assessments for common areas.
Dated Kitchen: The description highlights 'plenty of cabinet space' but lacks mention of recent kitchen upgrades (e.g., countertops, appliances), suggesting the kitchen may be original or dated compared to the unit's other recently renovated areas.